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Posts Tagged ‘Plugging Money Leaks’

Profit Maximization: Find and Fix Your Money Leaks

Profit Maximization - Find and Fix Your Money Leaks

The best profit maximization strategies are the ones nobody’s talking about.  Why?  Because everyone is looking for the hardest, most challenging, and over-complicated techniques.  Maybe it’s our human tendency to believe that everything worthwhile has to be difficult. Or perhaps, we like the bragging rights we get after surviving the most grueling, tortuous feats. Like cutting…

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Economic Value Added (EVA) and Infinite Banking

Economic Value Added (EVA )and Infinite Banking

Economic Value Added (EVA) is a little-known, but impressively effective measure to boost your profitability. Coca-Cola, AT&T, Quaker Oats, CSX, and Briggs and Stratton helped the term rise to prominence when they adopted EVA in the 80s and 90s.  Focus on this insightful accounting measure resulted in an overwhelming increase in business value, stock price,…

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Profit First, with Mike Michalowicz

Mike Michalowicz, Profit First

Mike Michalowicz is a champion of profitability, on a mission to eradicate entrepreneurial poverty.  Mike is the author of Profit First, Transform Your Business from a Cash-Eating Monster to a Money-Making Machine. He helps business owners realize their need for making a profit and design a practical, working system that doesn’t take ironman willpower to…

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Better Than A Budget: Cash Flow Awareness

Better Than a Budget - Cash Flow Awareness

The ultimate goal of cash flow awareness is to save more each month.  Why? Because generously paying yourself first is the foundation of wealth creation.  With more savings, you build up capital to invest in cash-flowing assets so you can create time and money freedom.   But across all income levels, most people’s savings habits are anemic, or even…

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Strategic End of Year Tax Moves That Leave You Wealthier

Strategic End-of-Year Tax Moves That Leave You Wealthier

As you count down the days until Christmas, you’re also counting down the days you have before you tie up the loose ends on your fiscal year to prepare for 2018 taxes.  We’ll walk you through practical and strategic tax moves you can make to close out the books, stay organized, and save taxes.  This…

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How to Pay off Debt: Things to Avoid

How to Pay off Debt - Things to Avoid

Let’s say you’re in a position where you want to pay off debt. You have decided that the best and highest use of your money is to get rid of a particular loan or multiple loans so that you have more cash flow that’s not required to be paid to these fixed loan payments. The…

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Cash Flow Index: The Smartest Way to Pay off Debt

Cash Flow Index - The Smartest Way to Pay off Debt

Most people struggle to get out from debt like they’re drowning in the ocean.  Like drowning, they waste energy, time, and money floundering and flailing instead of taking calculated, focused, strategically-timed strokes that would free them most efficiently. The Cash Flow Index removes this struggle. Before we dive into the Cash Flow Index, let’s talk…

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